Post
Topic
Board Speculation (Altcoins)
Re: WARNING: crypto-currencies are very likely going to experience a crash soon
by
TPTB_need_war
on 06/03/2016, 02:35:29 UTC
Seems quite plausible that Bitcoin will implode this coming March 13/14 or shortly thereafter, and when Bitcoin gets a flu, the altcoins go no bid and collapse.

Still, the digital currency experienced sharp gyrations this week amid news that the network was exceeding its capacity for transactions, a development that resulted in users paying sometimes substantially higher fees.

Bear in mind this revelation (click the link in the quote below) which I had predicted as well was the motivation for 51% attack of the Chinese mining cartel which blocked any block size increase:

If we don't have decentralization, then the entire plot has been lost.

Do you need an example? Here you go (remember the Chinese mining cartel allegedly controls 65% of the Bitcoin hashrate):

https://www.reddit.com/r/btc/comments/48nnaw/the_truth_comes_out_core_devs_have_convinced/